Inspire Investing LLC Boosts Position in Donnelley Financial Solutions $DFIN

Inspire Investing LLC increased its position in shares of Donnelley Financial Solutions (NYSE:DFINFree Report) by 360.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,150 shares of the company’s stock after acquiring an additional 36,133 shares during the quarter. Inspire Investing LLC’s holdings in Donnelley Financial Solutions were worth $2,176,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of DFIN. Blue Trust Inc. raised its stake in Donnelley Financial Solutions by 109.4% during the first quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $30,000 after purchasing an additional 336 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Donnelley Financial Solutions in the 4th quarter valued at approximately $70,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Donnelley Financial Solutions by 117.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,106 shares of the company’s stock worth $98,000 after buying an additional 1,138 shares during the last quarter. Vestcor Inc acquired a new stake in shares of Donnelley Financial Solutions during the 3rd quarter worth approximately $160,000. Finally, LSV Asset Management raised its position in shares of Donnelley Financial Solutions by 117.6% during the 4th quarter. LSV Asset Management now owns 3,700 shares of the company’s stock valued at $173,000 after buying an additional 2,000 shares during the period. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Performance

Shares of DFIN stock opened at $42.00 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market cap of $1.05 billion, a P/E ratio of 32.56 and a beta of 0.74. The firm’s 50 day moving average price is $41.80 and its 200-day moving average price is $46.15. Donnelley Financial Solutions has a one year low of $36.11 and a one year high of $66.25.

Donnelley Financial Solutions (NYSE:DFINGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.10. The firm had revenue of $205.50 million during the quarter, compared to the consensus estimate of $204.80 million. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.24 EPS. As a group, equities research analysts predict that Donnelley Financial Solutions will post 4.46 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wall Street Zen cut Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday. Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Friday, June 12th. Finally, DA Davidson lowered their price target on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.50.

Check Out Our Latest Analysis on DFIN

About Donnelley Financial Solutions

(Free Report)

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.

Further Reading

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Institutional Ownership by Quarter for Donnelley Financial Solutions (NYSE:DFIN)

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